Update the market trends of #MPG
The price trend for propylene glycol remained stable and consolidated compared to the previous working day. The price of the raw material, cyclopropane, was also stable, providing consistent cost support. On the supply side, availability was sufficient. However, some companies conducted equipment overhauls, leading to a slight decline in the operating rate. The overall impact of this decline is yet to be determined. In the short term, it is expected that the price of propylene glycol will continue to remain stable.
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